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    Iceland stock index plunges 76 pct as trade resumes

    Reuters
    14.10.2008 - 14:22 | Son Güncelleme:

    Trading on the Icelandic stock exchange resumed on Tuesday with the blue chip index plunging 76 percent.

    Trading in six financial stocks -- Kaupthing, Landsbanki, Glitnir, Straumur-Burdaras, Reykjavik Savings Bank (SPRON) and Exista -- remained suspended.

    Iceland last week took control of the operations of Kaupthing, Landsbanki and Glitnir.

    The entire stock market had been suspended since Thursday.

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